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Infographic_Global Medical Polymers Market

Medical polymers are polymers used in the manufacturing of medical products such as medical devices, implants, disposables (gloves and vials), and packaging. These polymers are biocompatible in nature. Engineering plastics, silicone, standard plastics, and HPP are some of the medical polymers used in the manufacturing of medical devices.<br><br>The global Medical Polymers market is projected to surpass US$ 32,540.7 million by the end of 2028, in terms of revenue, growing at CAGR of 8.3% during the forecast period (2021 to 2028).

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Infographic_Global Medical Polymers Market

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  1. GLOBAL MEDICAL POLYMERS MARKET Market Size (2019) US$ 15,775.0 Million CAGR (2020-2027) 8.3% SEGMENTATION (SCOPE) By Products Fibers and Resins PVC PP PE PS Others Medical Elastomers By Applications Medical Devices and Equipment Medical Packaging Others Styrenic Block Copolymer Rubber Latex Others Biodegradable Plastics MAJOR DRIVERS Growing demand for home healthcare treatment is creating demand for medical disposables. The rise in the geriatric population is augmenting healthcare needs, thereby fueling the market. PROMINENT REGIONS ASIA PACIFIC Market Size (2019) US$ 3,527.3 Mn CAGR (2020-2027) 9.7% NORTH AMERICA Market Size (2019) US$ 6,799.0 Mn CAGR (2020-2027) 8.1% MAJOR DRIVER Rising rise of the medical device manufacturing industry in the region MAJOR DRIVER The rising awareness about the benefits of medical polymers in the developing countries MAJOR PLAYERS BASF SE E. I. du Pont de Nemours Company Bayer Material Science AG Eastman Chemical Company Celanese Corporation ExxonMobil Corporation DSM N.V. Evonik Industries AG The Dow Chemical Company Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make Critical business decisions. We are headquartered in India, having ofce al global fnancial capital in the U.S. Our client base includes players from across all business verticals in over 150 countries worldwide. We are uniquely positioned to help businesses around the globe deliver practical and lasting results through various recommendations about operational improvements, technologies, emerging market trends and new working methods. We ofer both customized and syndicated market research reports that help our clients create visionary growth plans to provide traction to their business.

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